A contract is binding if the consideration involved is a _______________.
A) commitment not to do something
B) firm promise to perform
C) firm handshake
D) demand
E) gift

Name: A contract is binding if the consideration involved is a _______________. A) commitment not to do something B) firm promise to perform C) firm handshake D) demand E) gift
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Question

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Consideration in a contract can be a commitment not to do something, which is a form of forbearance and is legally sufficient to make a contract binding.

A Contract Is Binding If the Consideration Involved Is a _______________